Tauriga Sciences, Inc. and Ice + Jam LLC Confirm the Arrival of Commercial Grade “HerMan” Product Inventory from Manufacturer
NEW YORK, NY, Dec 18, 2017 (GLOBE NEWSWIRE via COMTEX) —
Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), engaged in building business through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities/equity investments, today announced the arrival of its commercial grade “HerMan” product inventory (“marketable inventory”) from the New Jersey based Manufacturer. The product inventory has been received at the fulfillment center of Tauriga’s lincensor, Cleveland, Ohio based cosmetics firm Ice + Jam LLC (“Ice + Jam”). The Company previously disclosed, on December 7, 2017, that multiple customer orders had been placed for the product; there have also been some initial orders received via the internet (http://www.iceandjam.com/shop/herman-cupuacu-butter-balm).
It should be noted that all HerMan orders received, via the internet, will be subject to the same terms and conditions as the overall license agreement (the two companies will evenly share (“50% / 50%”) any and all profits generated).
During July of 2017, Tauriga and Ice + Jam (“the Companies”) decided to reformulate their “HerMan” Cupuacu Butter lip balm product, in response to feedback obtained from potential customers (at that time). The commercial grade inventory incorporates the substantially improved formulation and packaging; the laboratory work was specifically aimed at improving the texture and viscosity of the underlying Cupuacu Butter lip treatment.
From a composition analysis, HerMan is primarily composed of the compound Theobroma Grandiflorium (“Cupuacu Butter” or “Superfruit”) to leverage the potential benefits that have been well documented historically (see paragraph directly below).
Cupuacu Butter is derived from the fruit of the Cupuacu Tree; a tropical rainforest tree related to Cacao (the base of chocolate production). Common throughout the Amazon basin (South America), it is widely cultivated in the jungles of Colombia, Bolivia and Peru and in the north of Brazil, with the largest production in Par�, followed by Amazonas, Rond�nia and Acre. Cupuacu Butter is a good, plant, alternative to lanolin, offering the capacity to attract 240% more water allowing it to function much more effectively as a skin hydrator and moisturizer. In addition, though it’s not recognized as an SPF (Sun Protection Factor), Cupuacu Butter is well known for its ability to absorb damaging UVA / UVB rays (“Ultra Violet Rays”) for natural sun protection.
Tauriga’s Chief Executive Officer, Seth M. Shaw, expressed, “The Company is pleased to report to shareholders that the commercial grade HerMan product inventory is now available at our fulfilment center. We believe that the final product is of excellent quality and we are hopeful for a successful commercial launch.”